Labour Costs in Italy decreased to 109.90 points in the first quarter of 2020 from 111.50 points in the fourth quarter of 2019.

Labour Costs in Italy averaged 89.73 points from 1980 until 2020, reaching an all time high of 111.90 points in the second quarter of 2019 and a record low of 44.50 points in the first quarter of 1980. This page provides the latest reported value for - Italy Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Labour Costs - values, historical data and charts - was last updated on June of 2020. source: National Institute of Statistics (ISTAT)

Labour Costs in Italy is expected to be 113.47 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Italy to stand at 113.40 in 12 months time. In the long-term, the Italy Labour Costs is projected to trend around 115.44 points in 2021 and 117.51 points in 2022, according to our econometric models.

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Italy Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
109.90 111.50 111.90 44.50 1980 - 2020 points Quarterly
2010=100, SA

Italy Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.30 8.00 13.00 5.80 percent [+]
Employed Persons 22881.18 23155.26 23433.12 22099.00 Thousand [+]
Unemployed Persons 1543.16 2027.06 3346.77 1415.05 Thousand [+]
Part Time Employment 37249.12 36964.59 37249.12 19609.13 Hundreds Person [+]
Full Time Employment 143719.68 144862.02 148487.11 132977.43 Hundreds Person [+]
Employment Rate 57.90 58.60 59.20 55.30 percent [+]
Labor Force Participation Rate 61.90 63.90 66.00 61.60 percent [+]
Long Term Unemployment Rate 5.50 5.20 8.00 2.60 percent [+]
Youth Unemployment Rate 20.30 26.50 43.50 19.40 percent [+]
Labour Costs 109.90 111.50 111.90 44.50 points [+]
Productivity 104.90 104.60 108.50 24.50 points [+]
Wages 2467.00 2436.00 2467.00 1176.00 EUR/Month [+]
Wages in Manufacturing 102.90 102.90 113.70 2.20 points [+]
Wage Growth 0.60 0.70 15.80 0.30 percent [+]
Population 60.36 60.48 60.80 50.03 Million [+]
Retirement Age Women 67.00 66.58 67.00 59.00 [+]
Retirement Age Men 67.00 66.58 67.00 59.00 [+]
Wages Low Skilled 1130.00 1330.00 1390.00 1130.00 EUR/Month [+]
Wages High Skilled 2340.00 2500.00 2650.00 2340.00 EUR/Month [+]
Living Wage Family 1440.00 1460.00 1460.00 1320.00 EUR/Month [+]
Living Wage Individual 935.00 950.00 950.00 825.00 EUR/Month [+]
Employment Change -0.10 0.10 1.30 -0.90 percent [+]